Managers
oOh!media Limited is to acquire 100 per cent of the share capital of Inlink Group Limited (Inlink) for USD45 million. The acquisition is in line with oOh!’s digital strategy of driving engagement with audiences through digital screens in high dwell time locations and will further drive oOh!’s digital market leadership.
Inlink formed in 2001, and has grown to be the market leader in premium CBD Digital Out Of Home market, with a network of more than 2,800 digital screens located in office towers, cafes and fitness centres.
The acquisition is expected to be immediately EPS accretive and will be
With some of the biggest names in private equity real estate raising ever larger funds, this extract from Preqin Real Estate Spotlight looks at how emerging managers are faring in the fundraising market and how investor appetite for new firms is changing.
The fundraising environment for emerging managers* seems especially daunting in recent times amid intense competition for fundraising; managers lacking an established track record are finding it difficult to gain traction and secure institutional investor commitments. Larger, more experienced real estate firms, however, have been securing ever greater proportions of fundraising, but has this been at the expense of
Australian private equity and venture capital has continued to deliver strong returns, outperforming the S&P/ASX 300 Index by over 8 per cent in the June 2015 quarter and delivering a 23 per cent net return for the year to 30 June 2015.
That’s according to data released today by the Australian Private Equity and Venture Capital Association Limited (AVCAL) and Cambridge Associates.
The Cambridge Associates LLC Australia Private Equity and Venture Capital Index (the CA Australia Index) – which is the leading independent performance benchmark for the private equity and venture capital asset class – outperformed the listed markets through
The Leland Family of Funds, in conjunction with Thomson Reuters, has launched the Leland Thomson Reuters Venture Capital Index Fund which, as its name suggests, tracks the Thomson Reuters Venture Capital Index.
Launched in October, 2012, the Thomson Reuters Venture Capital Index is an investable index that tracks the performance of individual US venture capital-backed private companies via liquid, publicly traded assets. It utilises economic factors and market indicators to calculate optimal asset weights across a number of sectors and modifies the portfolio over time to reflect changes in the US venture capital universe.
"Historically, sophisticated institutional investors have
Lovell Minnick Partners, a private equity firm specialising in financial and related business services companies, has completed fundraising for its fourth institutional buyout fund, reaching the cap of USD750 million and surpassing the USD550 million target.
Lovell Minnick Equity Partners IV received commitments from many limited partners who invested in previous funds sponsored by the firm, including Goldman Sachs Asset Management, RCP Advisors, Twin Bridge Capital Partners, and PPM America on behalf of certain clients. Lovell Minnick also attracted commitments from a number of new investors including MassPRIM and the W.K. Kellogg Foundation. The firm’s prior fund, Lovell Minnick Equity
State Street Corporation’s GX Private Equity Index (PEI), a benchmark for comparative analysis of private equity performance, saw an overall return of 4.2 per cent in the second quarter of the year.
The index is based on directly sourced limited partnership data and represents more than USD2.2 trillion of private equity investments, with 2,492 unique private equity partnerships, as of 30 June, 2015.
“Throughout the last three years, from October 2012 to September 2015, we have witnessed significant amounts of capital distributions with the ratio of distributions to paid-in capital reaching an historical high of 1.78x,” says Will Kinlaw
Oberthur Technologies (OT), a provider of embedded security software products, services and solutions, has decided to postpone its Initial Public Offering (IPO) over concerns about current market conditions.
Didier Lamouche, CEO of OT, says: "The decision taken with our majority shareholder Advent International is a natural one given the current state of the capital markets.
“Our business is delivering strong organic growth of both revenues and EBITDA and the momentum we see on all our activities confirms that we have made the right choices and positions us well for the future."
301 INC, the new business development and venturing unit at General Mills, has launched a new multi-million dollar capital fund through the CircleUp marketplace to seed emerging consumer food brands.
CircleUp connects consumer and retail brand entrepreneurs to accredited investors through its online platform. By using powerful technology and a team of experienced private equity professionals, CircleUp identifies promising brands early in their lifecycles and posts profiles on their site for investors to discover, research and potentially make an investment. General Mills is the first Fortune 500 company to launch an investment fund through this platform.
"We are very
Israeli private equity deal-making fell to a mere USD419 million in 20 deals in the third quarter of 2015, following an exceptionally high Q2/2015, when 27 deals accounted for USD1.6 billion (the third highest quarter in the last four years).
Moreover, the amount was 43 per cent below the five-year quarterly average, which stands at USD738 million, but the number of deals was the same as the average.
That’s according to a report by the IVC Research Centre, in conjunction with Shibolet & Co, which highlights that despite the substantial quarter-over-quarter fluctuations, the Q1-Q3/2015 period turned out to be
American Capital has closed American Capital CLO Fund I, a new USD450 million fund focused on investing in equity tranches of collateralised loan obligations (CLOs).
The transaction further expands American Capital's asset management business and increases American Capital's third-party earning assets under management by approximately USD450 million, or 3 per cent.
"We are very pleased to announce the closing of American Capital CLO Fund I," says Mark Pelletier, President of American Capital CLO Management, LLC and President and Chief Investment Officer of American Capital Senior Floating, Ltd. "Our partners spent a significant amount of time underwriting both the assets
Events
12 November, 2026 – 8:00 am
12 November, 2026 – 5:00 pm
